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Reversal following new 20-day high

Imperial Oil Ltd closed lower Friday, dropping $0.14 or 0.29% to $48.39 after setting a new 20-day high. Over the last five days, shares have gained 6.00%, but are down 3.32% for the last year to date. Shares have underperformed the S&P TSX by 8.60% during the last year.

About

Imperial Oil Limited is an integrated oil company. The Company is engaged in the exploration for, and production and sale of, crude oil and natural gas. The Company’s operations

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are conducted in three main segments: Upstream, Downstream and Chemical. Upstream operations include the exploration for, and production of, crude oil, natural gas, synthetic oil and bitumen. Downstream operations consist of the transportation and refining of crude oil, blending of refined products and the distribution and marketing of those products. Chemical operations consist of the manufacturing and marketing of various petrochemicals. The Company’s Chemical operations manufacture and market ethylene, benzene, aromatic and aliphatic solvents, plasticizer intermediates and polyethylene resin.

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